In the event any retailer or wholesale merchant is delinquent in the
payment of the tax herein provided for, the Secretary may give notice of the
amount of such delinquency by registered mail to all persons having in their
possession or under their control any credits or other personal property
belonging to such retailer or wholesale merchant or owing any debts to such
taxpayer at the time of the receipt by them of such notice and thereafter any
person so notified shall neither transfer nor make any other disposition of
such credits, other personal property or debts until the Secretary shall have
consented to a transfer or disposition or until 30 days shall have elapsed from
and after the receipt of such notice. All persons so notified must within five
days after receipt of such notice advise the Secretary of any and all such
credits, other personal property or debts in their possession, under their
control or owing by them as the case may be. The remedy provided by this
section shall be cumulative and optional and in addition to all other remedies
now provided by law for the collection of taxes due the State. (1957, c. 1340, s. 5; 1973, c. 476, s. 193.)